Bloomberg analyst sides with Coinbase amid ETF controversy, states BlackRock is ‘not messing around’

Bloomberg senior ETF analyst Eric Balchunas refuted recent allegations against Coinbase that claimed the exchange was not using BlackRock’s funds to buy actual Bitcoins (BTC). The rumors surfaced on social media on Sept. 16 and alleged that Coinbase was issuing letters of debt instead of backing IBIT ETF with Bitcoin. The speculators further alleged that the […] source: https://cryptoslate.com/bloomberg-analyst-sides-with-coinbase-amid-etf-controversy-states-blackrock-is-not-messing-around/